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The union races over time to achieve financial efficiency

by Ruslan Burak
July 3, 2023
in Sports
1 min read
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Al Ittihad’s management is rushing to get the financial performance certificate in order to be able to register their new deals during the current summer transfer period.

The federal administration is fighting on more than one front in the current Mercato, including striving to complete a dossier of all deals in order to be ready before the start of the outer camp, as well as earning a financial competency certificate. previously managed to pay off debts caused by previous administrations.

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According to the Financial Performance Committee of the Ministry of Sports, Al-Ittihad ranks second in the list of clubs with the most indebtedness, with liabilities due by March 31 last year of 48,034,949 rials.

The Financial Efficiency Committee set August 21 as the deadline for fulfilling all obligations.

The federal administration managed to close the player Wilfrid Boni case after it paid $2.6 million in addition to contributions from Tunisian player Anis Al-Badri, where his deal was valued at $16 million.

Union officials also have to pay one million 800 thousand dollars in favor of the Serbian striker Bergovich, especially since he has a final decision related to non-registration in the current Mercato until this amount is paid.

On the other hand, Portuguese coach Nuno Santo, the coach of Al Ittihad team, arrives on July 21 with his anguish, as the coach is anxious to attend the medical examination of the players, scheduled for the 22nd of the same month, before leaving for the outer camp.

Upon arrival in Jeddah, the coach will hold a meeting with the federation leadership to finalize the deals he requested so that they can be signed and officially announced.

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